A startup’s guide to implementing ESG
‘The furnaces of the world are burning about 2,000,000,000 tons of coal a year. When this is burned, uniting with oxygen, it adds about 7,000,000,000 tons of carbon dioxide to the atmosphere yearly. This tends to make the air a more effective blanket for the earth and to raise its temperature. The effect may be considerable in a few centuries.’ This is a newspaper excerpt from 1912, which warns about the consequences of unchecked growth. Global concern about the survival of future generations and the planet continued to mount until 1987, when the United Nations defined sustainability – "meeting the needs of the present without compromising the ability of future generations to meet their own needs.”
Building a company culture that lasts: Tips from profitable startup founders
If an average adult works eight hours a day, five days a week, they will spend roughly a third of their lifetime, totaling 90,000 hours, at their workplace. With offices reopening post-pandemic, companies aim not only to fill seats but also to bring back company culture, which has taken a backseat for many throughout the remote-working era. During this time, workers’ attitudes and priorities have shifted, and how companies approach culture, human resources, and teamwork is entirely different than just a few years ago.
Indonesian start-ups to look out for
We asked Indonesia's top venture capital (VC) firms for some of the most exciting Indonesian start-ups today. Will they become the country's next unicorns?
Reinventing Indonesia’s supply chain through digital collaboration
Have you ever experienced a lost package when you shop online? Or did your package ever take too much time to arrive at your doorstep when you needed it most? Though serving as the backbone of Indonesia’s economy, the logistics industry still has several flaws. Particularly, inefficiencies in the logistics sector in the country with over 17,000 islands are due to unconnected national supply chain information. This creates a dynamic yet challenging distribution flow.
Exploring Southeast Asia’s logistics horizon
The ongoing problem of high logistics costs has affected the world since COVID-19 began, and Southeast Asia hasn't been spared. The steep expenditure is driven by several factors, such as supply and demand disruptions, geopolitical and economic uncertainty, compounded by surging inflation, and amongst others.
Artificial Intelligence in Indonesia: The current state and its opportunities
Most of the breakthroughs in artificial intelligence (AI) development are happening elsewhere, but Indonesia is not lagging behind. With a young, tech-savvy population and favorable macroeconomic trends, Indonesian companies are beginning to adopt and advance on AI's vast opportunities. Local and international investors are also eyeing AI's potential for Southeast Asia's largest economy.
Efforts to achieve logistics efficiency: Andree Susanto, Founder & CEO of Waresix
In the growth of the digital economy, what we do as a catalyst is to accelerate the flow of information and relate it to existing problems. In the logistics sector, we get information faster so we can improvise from a planning perspective. We can also find out where the warehouse is full or the port is waiting in line, then we can arrange a better plan.
How tech startups navigate the business in the global uncertainty
Lately, the promising future offered by the tech industry has been clouded by several issues, ranging from declining valuations to massive employee cuts. Global uncertainty is heightened by several downside risks, such as rising inflation, US interest rate hikes, energy and food price volatility, and the geopolitical threats from the Russia - Ukraine war.